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AirAsia’s operating profits up 328% in second quarter. Can the hot streak continue?

13-Aug-2009

AirAsia, the world’s lowest cost airline, has unveiled a 328% increase in core operating profit to in the three months ended 30-Jun-2009, in one of the clearest endorsements to date of the benefits of the LCC model amid this deep economic downturn. [1220 words]

Unlock the following content in this report:

Subheadings:

Rising non-fuel costs

Solid ancillary revenue gains helps offset weak yields

But how fare can ancillaries stretch? Cash conservation vital

Outlook: Some clouds gathering

Graphs and data:

AirAsia financial highlights for three months ended 30-Jun-2009

AirAsia financial highlights for six months ended 30-Jun-2009

AirAsia unit costs breakdown: 2Q2009

AirAsia ancillary revenue growth and % of total revenue: 1Q2008 to 2Q2009

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